Today, we are thrilled to announce, the Nestree’s new strategic partner Bithumb Custody, which is powered by VaultTrust. Under their agreement, Nestree will start managing and storing their crypto assets (EGG Tokens) and also its partners’ assets, through the Bithumb Custody platform.
Nestree is the first trustee of Bithumb Custody and it will be among the first ones, who will utilize their services upon their release. Bithumb Custody service is scheduled to officially open in September, and Bithumb Custody, which has conducted a three-month custodian service security test using Nestree’s utility token “EGG”, has passed safety verification procedure successfully.
In particular, since safe storage and management of crypto assets for actual use is a critical factor in ecosystem stability, Nestree’s crypto assets will be managed safely through Bithumb custodial services, which can be withdrawn in the future through diversified authorization and thorough internal control procedures.
Bithumb Custody
The Bithumb Custody was established as an in-house venture last year by attracting strategic investment from Bithumb Korea, and is expected to lead the domestic crypto asset custody business starting with the official service opening this month. Bithumb Custody is a service that guarantees a safe storage of crypto assets and transmission through controlled procedures. It guarantess a safe and reliable security system, by applying the following:
▲ Key management solutions to crypto assets (KMS)
▲ Multi-signature technology
▲ Multi-certification system (Grade A-D steps)
▲ Strong KYC & AML practices
About Nestree
Nestree is a ground-breaking community platform with a dynamic rewarding system and business incubation. The Nestree Messenger is an advanced, reward-based blockchain integrated messenger. Catered towards community growth and beyond as a messenger, the Nestree Messenger adopts the trustless and borderless nature of cryptocurrency to enrich the ecosystem with the reward. Nestree provides one of the most optimal gateways for non-crypto users to encounter and earn cryptocurrency without the knowledge of trading, KYC requirements, private key management, etc.
Our mission is to serve as a worldwide community platform based on the philosophy of reward and sharing of blockchain. We strive to create a specialized platform for an interactive ecosystem where business and community co-exist and benefit each other regardless of location or demographics.
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